Response to Media Speculation

RNS Number : 9739F

Reach PLC

18 July 2019

 

18 July 2019

This announcement contains inside information.

Reach plc

Response to media speculation

The Board of Reach plc ("Reach" or the "Company") notes the recent media speculation and confirms that it is in the early stages of discussions in relation to acquiring certain of JPI Media's assets. As has been previously stated by the Company, regular consideration is given to merger and acquisition opportunities which would accelerate its strategy. There can be no certainty at this stage that these discussions will lead to an agreed transaction.

A further announcement will be made if and when appropriate.

The person who arranged for the release of this announcement on behalf of Reach was Simon Fuller, Chief Financial Officer and Company Secretary.

Enquiries

Reach plc
Simon Fox, Chief Executive Simon Fuller, Chief Financial Officer and Company Secretary		020 7293 3553
Brunswick
Nick Cosgrove, Partner		020 7404 5959
Will Medvei, Director

About Reach plc

Reach plc is a media company providing digital and print coverage of news, sport, entertainment and more. Our titles include national brands such as the Daily Mirror, the Daily Express and the Daily Record, as well as many prominent regional news titles, two celebrity magazines and a network of over 70 websites. We reach audiences in every region of the UK across our multiple platforms. In 2018 we sold 620 million newspapers and had over one billion online page views every month, making us the leading UK news publisher.

 

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